Express To Close 31 Stores This Month, 2 In Minnesota

News

Burnsville MN

24 January, 2020

11:47 AM

Description

BURNSVILLE, MN — Fashion retailer Express will close 31 stores by the end of the month, including two stores in the Twin Cities, the company announced. The retailer plans to close stores in 20 states, a move that follows the closure of nine locations in 2019, according to this week's announcement. An additional 35 locations are expected to close by the end of January 2021, leaving a remaining 25 to shutter next year, Business Insider reports. In Minnesota, Express plans to close its Burnsville and Eden Prairie Center locations by month's end. Express has 10 locations in Minnesota. The closures are part of a new corporate strategy aimed at reducing costs and providing a boost to the struggling brand, according to a statement on the company's website. Express is one of several companies to announce closures this month. The well-known stationery store Papyrus is closing all of its stores across the country. Also this month, home decor retailer Pier 1 Imports said it plans to close nearly half of its stores, a move intended to "better align its business with the current operating environment."

By:  view source

Discussion

By posting you agree to the Terms and Privacy Policy.

/
Search this area